Gulf Coast Bank & Trust Promotions: $50, $200, $225 Checking, Business, Referral Bonuses [LA]

Check out the latest Gulf Coast Bank & Trust promotions, bonuses, and offers here!

Currently they are offering bonuses ranging from $50-$200.

Gulf Coast Bank & Trust Promotions Review

Gulf Coast Bank & Trust is a member of the FDIC & Equal Housing Lender. They provide a variety of competitive bank products like traditional banking to investments, trust, small business lending, commercial lending as well as 401K and insurance products.

I’ll go over Gulf Coast Bank & Trust offers below.

Gulf Coast Bank & Trust $225 Checking & Savings Bonus

• What you’ll get: $225 bonus
• Availability: LA (Bank Locator)
• Direct deposit requirement: Yes
• Credit inquiry: Unknown
• Monthly fees: None
• Early termination fee: 60 days, bonus forfeit
• How to earn it:
  • Collect $200 with a new checking account.
    • Have at least one direct deposit OR
    • Have one ACH debit post to your account within 60 days of account opening
    •  The account must remain open for at least 60 days.
  • Collect an additional $25 bonus with a new savings account.
    • Open a new Personal Savings Account with money not currently on deposit with Gulf Coast Bank & Trust
    • A minimum opening deposit of $100.00 or more
    • Maintain the $100.00 minimum balance for at least 30 days from the account opening date

(Offer Expires 09/24/2022)

Fine Print

• Not all account applications available Online. If you meet all the requirements of this bonus offer, we will deposit the bonus incentive directly into your new personal checking or savings account within 30 days following the month end in which the promotional qualification period ends. The new personal checking or savings account must be open and have a positive balance in order to receive the Bonus cash incentive. Your account does not qualify for the cash incentive until you provide all of the information we require in connection with opening the account. This includes information we require to identify each account owner, as well as all requirements for the personal checking or savings account product. Bonuses are considered interest and will be reported on IRS form 1099-Int. Bonus offer cannot be combined with any other offer and is limited to one Bonus cash incentive per household. All account applications are subject to our normal approval process. The personal checking or savings account can be opened online or at a Gulf Coast Bank Branch. The minimum deposit required to open a personal checking account is $20, except for Educators Plus which is $100. The minimum deposit required to open a personal savings account and receive this bonus offer is $100. Health Savings accounts, and non-personal checking or savings accounts are not eligible. This includes Trust Accounts, Fiduciary accounts, and Succession accounts. GCB employees are not eligible to participate. Gulf Coast Bank and Trust may change or terminate this offer at any time without notice. Offer valid only for Louisiana residents.

Gulf Coast Bank & Trust $200 Business Checking Bonus

• What you’ll get: $200 bonus
• Availability: LA
• Direct deposit requirement: Yes
• Credit inquiry: Unknown
• Monthly fees: None
• Early termination fee: 60 days, bonus forfeit
• How to earn it: 
  • To qualify for this promotion and receive $200.00, you must meet ALL of the following requirements:
    • Open a new personal checking account (Business checking, Commercial Checking, Business Reward and Commercial Checking with Interest) with money not currently on deposit with Gulf Coast Bank & Trust between May 25, 2022 and July 2, 2022.
    • Have at least one direct deposit credited to this account within 60 days from the date the account is opened or at
      least one ACH debit posted to the account within 60 days from the date the account is opened.
    • The personal checking account must remain open for at least 60 days from the account opening date.

(Expires September 24, 2022)

Fine Print

• The new business checking account must be open and have a positive balance in order to receive the Bonus cash incentive.
• Your account does not qualify for the cash incentive until you provide all of the information we require in connection with opening the account.
• This includes information we require to identify each account owner, as well as all requirements for the business checking account product.
• Bonuses are considered interest and will be reported on IRS form 1099-Int.
• Bonus offer cannot be combined with any other offer and is limited to one Bonus cash incentive per address.
• All account applications are subject to our normal approval process.
• The business checking account can only be opened at a Gulf Coast Branch.
• Online account openings are not eligible.
• The minimum deposit required to open a business checking is $20.
• Offer available for existing or new relationships as long as the funds used to open the account are not currently on deposit with Gulf Coast Bank & Trust.
• Offer cannot be combined with any other offer.
• Trust Accounts, Fiduciary accounts and Succession accounts are not eligible to participate. GCB employees are not eligible to participate.

Gulf Coast Bank & Trust $50 Referral Bonus

• What you’ll get: $50 bonus
• Availability: LA (Bank Locator)
• Direct deposit requirement: Yes
• Credit inquiry: Unknown
• Monthly fees: None
• Early termination fee: 60 days, bonus forfeit
• How to earn it: 
  •  To qualify for this promotion and receive $50.00 credit to your account you must be referred by an existing Gulf Coast Bank customer and must register by following the link provided in the referral email or text received from the referring Gulf Coast Bank customer
  • AND you must meet ALL of the following requirements:
    • Open a new personal checking account (Free Checking, Interest Checking, Interest Checking Combo, Reward Checking and Easy Checking, Educators Plus Checking, Select Checking) with money not currently on deposit with Gulf Coast Bank
    • Have at least one direct deposit credited to this account within 60 days from the date the account is opened or at least one ACH debit posted to the account within 60 days from the date the account is opened.
    • The personal checking account must remain open for at least 60 days from the account opening date.

(No expiration date listed)

Fine Print

• The person making the referral (Referrer) will earn a $50 cash bonus via direct deposit for each individual or business referred (Referred Person or Business) to Gulf Coast Bank & Trust Company that does not already have a Gulf Coast Bank & Trust Company checking account, registers for the offer, opens a new personal checking or business checking account and completes the other requirements within the time specified in the program.
• To make a referral, the Referrer must register for the program online at https://gulfbank.royalreferralcenter.com, agree to the Terms and Conditions, and submit a valid email address for both the Referrer and each Referred Person or Business.
• A Referrer may receive up to ten (10) direct deposits in increments of $50 ($500 value) within a calendar year, but only one Referrer may receive a cash bonus for each Referred Person or Business that fulfills the requirements (the first Referrer who enters information for a Referred Person or Business will be the eligible Referrer).
• The Referred Person or Business may only receive one incentive bonus for opening an account and completing the requirements but may also be eligible as a Referrer.

How to Avoid Monthly Fees

• Free Checking: No monthly fee
• Rewards Checking Account: $9.95 monthly fee waived if one of the following is met:
  • Average month to date balance of $5,000 or greater OR
  • Average month to date balance of $25,000 or greater in qualifying deposits
• Interest Checking Account: No monthly fee
• Easy Checking Account: No monthly fee
• Educator Plus Checking Account: No monthly fee
• Select Checking Account: $12 monthly fee waived if:
  • You maintain $75,000 or greater in combined average month to date balances in GCB qualifying personal/consumer deposits and investment dollars in GCB Wealth Management.
• Easy Student Checking Account: No monthly fee

Author’s Verdict

To summarize, Gulf Coast Bank & Trust has some of the best promotions, bonuses, and offers. Keep in mind that waiving the monthly service fees is really easy once you meet the requirements.

For more current offers, check out our bank bonuses page. Compare Gulf Coast Bank & Trust rates for CDs and Savings with our best rates for Savings and CD accounts.

Be sure to check more popular bank promotions include Chase Bank, Bank of America, Citi, Discover Bank, CIT Bank, TD Bank, Huntington Bank, HSBC Bank, Wells Fargo and many more.